The COVID-19-related stimulus package (CARES Act) has created many relief programs to support businesses during this pandemic. It has also resulted in many questions for businesses to address, and each can impact a business differently.
K·Coe Isom’s advisors have been following the latest updates and guidance and providing expert recommendations on disaster relief programs, and helping businesses with Paycheck Protection Program (PPP) applicability and guidance. If your business is struggling to keep up with the new PPP Loan Forgiveness requirements, or does not have adequate resources to implement best practices for your business and employees, K·Coe can provide these services:
- PPP Loan Forgiveness application instruction
- Payroll calculations
- Expense tracking
- Assistance with forgiveness reporting
If you have questions regarding the applicability of any relief programs for your business, or would like help with loan forgiveness tracking, reporting or calculations, please click the button below to enter your information.
Recent COVID-19 Insights
Reading Time: 3 minutes The latest Interim Final Rule (IFR) on Paycheck Protection Program (PPP) Loan Forgiveness issued by the Small Business Administration (SBA) was released just before the holiday weekend. Here, K·Coe advisors break down the high-level takeaways that offer some important clarifications for borrowers and lenders. Clarifications and Additions for Loan Forgiveness …
Reading Time: 5 minutes Update 5/21: CFAP Update & Good News for Exporters: The Form CCC-942 that was released this week to certify 75% of Adjusted Gross Income (AGI) is from farming, indicates an IC-DISC dividend derived from farming or ranching activities is considered farm income. This is a change K·Coe has been pushing …
Reading Time: 5 minutes On May 15, the Small Business Administration (SBA) released the long-awaited Paycheck Protection Program (PPP) Forgiveness application and instructions. While there is not yet clear guidance on the details of loan forgiveness (the SBA plans to release regulations and guidance soon to assist borrowers as they complete their loan forgiveness …